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Mars Chocolate North America follows Nestlé and Hershey with price hike

Mars Chocolate North America ups wholesale prices 7%....1% lower than Hershey's price hike

Mars Chocolate North America has become the latest to introduce wholesale price increases after similar moves from Nestlé and Hershey.

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News in brief

‘New chapter’ in sourcing: Ritter controls supply chain with own cocoa plantation in Nicaragua

Ritter Sport has purchased land for a cocoa plantation in Nicaragua to eventually cover 30% of its cocoa needs and give it greater control of its supply.

Hershey misses sales target in Q2

Hershey has fallen slightly short of its net sales growth target in the second quarter but expects a strong Halloween and Christmas.       

News in brief

Merck ties up Benelux colour distribution agreement with Azelis

Merck has entered in to an agreement with Azelis for the distribution of its Candurin pearl effect pigments in Benelux.

Global Industry News

Fabcon Food Systems upgrades crisp packaging machines in South Africa from FoodProductionDaily.com

Fabcon Food Systems (FFS) has developed a range of packaging machines with NPS (National Packaging Systems) in South Africa, which can replace old bag makers on Wright Machinery with the same footprint, at higher speeds.

High-salt diet could double threat of heart disease in people with diabetes: Study from FoodNavigator.com

People with type 2 diabetes who eat a diet high in salt may face twice the risk of developing cardiovascular disease as those who consume less sodium, according to new research.

Valentis Nanotech coating to replace aluminum foil in flexible packaging from FoodProductionDaily.com

Valentis Nanotech, part of Trendlines Agtech, has signed an MOU with one of Israel's agricultural thermoplastics applications companies to create improved polymeric films.

PepsiCo CEO on the threat of fresh: Indra Nooyi plots mastery of muted US retail market from BeverageDaily.com

PepsiCo CEO Indra Nooyi says the company is positioning itself as the highest growth food and beverage manufacturer in a ‘relatively low growth’ US retail landscape where fresh food is trending strongly.

Spotlight

Lindt states intentions on price increases

Lindt to ride cocoa cost surge without widespread price increases

Lindt & Sprüngli has no plans to introduce sweeping wholesale price increases in response to rising cocoa...

Cocoa farmers should have shares in chocolate companies: Divine

Taking stock: Time cocoa farmers got a bite of the chocolate business?

Giving cocoa farming cooperatives shares in chocolate firms would improve livelihoods and encourage them to boost yields...

Cloetta on acquisition hunt after sales gains

Cloetta still window shopping after sales gains

Scandinavian confectioner Cloetta has recorded sales and profit growth in the second quarter driven by acquisitions and...

Sweet free checkouts gain support in New Zealand

Confectionery-free checkouts register with NZ consumers

The impulse checkout channel may be under further threat after a survey revealed a third of consumers...

Ferrero acquires hazelnut supplier Oltan
News in brief

Ferrero acquires hazelnut supplier Oltan

The world’s biggest hazelnut buyer Ferrero has purchased the world’s largest hazelnut processor The Oltan Group for...

Raw chocolate a Salmonella health risk, says NCA

Is the rise of raw chocolate a safety concern?

The rising trend for raw chocolate may present a health hazard to consumers unless adequate steps to...

Sunset Yellow FCF safe, says EFSA
News in brief

EFSA declares Sunset Yellow safe and ups ADI

Current industry uses of food additive Sunset Yellow FCF (E 110) are not a safety concern, according...

Hershey price increase

Hershey follows Nestlé with price hike

Hershey has upped its global wholesale prices by 8% after responding to rising commodity costs including cocoa,...

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